PETALUMA, Calif., June 2, 2011 (GLOBE NEWSWIRE) -- Oculus Innovative Sciences, Inc. (Nasdaq:OCLS) today announced financial and operating results for the fourth quarter of fiscal year 2011, ended March 31, 2011. Total revenue was $2.7 million in the fourth quarter of fiscal 2011, compared to $2.2 million in the fourth quarter of fiscal year 2010. Product revenue was $2.5 million, up 27%, from $2.0 million in the prior year’s fourth quarter with increases in the United States, Mexico, Europe and China while partially offset by a decline in the Middle East and India. Net loss minus non-cash expenses for the quarter was $931,000, compared to $1.0 million in the same quarter last year.